Europe mostly higher premarket amid earnings reports

Thursday, 11. August 2022 08:06

Major European markets traded higher in the premarket session of Thursday amid the release of a new slate of corporate earnings.

Earlier, Daimler Truck announced its earnings for Q2 2022 rose 18% to €12.1 billion. Siemens AG's revenue climbed 11% to come in at €17.9 billion, while ThyssenKrupp AG and RWE AG posted gains in sales and EBITDA, respectively.

The DAX gained 0.21% at 8:03 am CET, while the CAC 40 added 0.18%, and the FTSE 100 declined 0.17%.

The euro was down by 0.18% against the dollar at 8:02 am CET, selling for $1.02816. In comparison, the pound lost 0.23% to go for $1.21867 simultaneously.

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